Quantcast Worst purchase EVER - my phone
Search by tag or site Login to my blog ? Start my own blog














TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

Neville's Financial Blog

Tracking the road to financial success from the age of 22.

Worst purchase EVER - my phone

Posted on 09/29/2006 00:00 AM | Link | Post Comment
Once in a while we all just "HAVE to Have" something. I do this mainly with electronic stuff, and generally it works out well and I'm happy with the purchase.

However 5 months ago when I got the Treo 700w when it first came out from Verizon Wireless, I had made a terrible mistake. Unlike my "Have to Have" cameras or tablet pc, this phone came with a contract.

I've had my phone for about five months now, and here is what I've paid so far for the phone and phone bills:

Because I just HAD to have this phone immediately, I irrationally accepted the high monthly fees, high starting costs and the expensive low-end service plan. The high overages were part part Verizon's fault for screwing up an order for a larger plan, and part my fault for being irresponsible. However in the end I'm paying the (very expensive) price of an emotionally driven purchase.

I went from loving this phone to hating it, as graphically portrayed here:

I don't actually hate the phone itself, just what it represents. I rank this as my WORST PURCHASE EVER.

LESSON I LEARNED:
"Have to Have" purchases aren't always bad, but when irrational thinking muddles the details of a contract, beware.
Stock Quote or
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.